The Prince George’s County Council approved the FY 2024 County Budget on Thursday, May 25, 2023. Our thanks to residents and stakeholders for your input, which is essential to the budget process, especially as Council Members worked to ensure that your priorities were reflected in the new spending plan. Given the economic climate that communities across our nation, including Prince George’s County, are grappling with, it’s also important to note that some very tough decisions had to be made.
PRINCE GEORGE'S COUNTY ADOPTS $5.4 BILLION FY 2024 COUNTY BUDGET
The Prince George's County Council, convening on Thursday, May 25, 2023, adopted a balanced $5.4 billion Operating Budget for Fiscal Year 2024.
The adopted General Fund totals $4.5 billion, with the largest portion of General Funds, nearly $2.8 billion or 62%, directly supporting the Board of Education for Prince George’s County Public Schools. Nearly 20% of General Funds support public safety, and the remaining 18% supports the rest of County Government operations.
The County's new spending plan takes effect with the Fiscal Year that begins July 1, 2024.